Uber admits it rented fire-prone cars in Singapore

HONG KONG (CNNMoney) - Uber's latest embarrassing crisis involves renting out fire-prone cars to its drivers in Singapore. The ride-hailing startup has admitted it provided the faulty vehicles even though they had been recalled months earlier over a defect ... ( read original story ...)

Chinese Wealth Manager Plans Branches in Australia and Canada

“When I joined Noah three years ago, I thought clients in second- and third-tier cities had no demand for overseas investment,” said Lam, who had worked for 15 years at McKinsey & Co ... first overseas branch in Hong Kong in 2012 and set up the ... ( read original story ...)

Hong Kong Startup Is Said Close to $500 Million Valuation (2)

(Bloomberg) -- TNG FinTech Group Inc., a Hong Kong-based digital wallet operator founded in 2013, is poised to close a funding round and is targeting a valuation of about $500 million, according to a person familiar with the matter. The firm has attracted ... ( read original story ...)

L’Occitane conceptualises in-store design in China and Japan

Following a healthy second quarter in China, Japan and Hong Kong, which ended on 30th June 2017 ... “We are pleased to report a solid start to FY2018, which was supported by good returns from our ongoing marketing activities, particularly in China ... ( read original story ...)

North Korean missile tests could pose a risk to passenger planes

HONG KONG (CNN) - North Korea's accelerated missile testing may ... huge and create a difficult decision for airlines operating in the area. "Does it start a war? Is it an act of war? The impact of what could happen if that did occur are more than just ... ( read original story ...)